Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

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Inspection Sellers Buyers Tools 433

Lamacchia Realty

MARCH 9, 2022

WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION. It’s not a secret that it has been a seller’s market for the past few years. A common issue that many sellers are not prepared to deal with is a buyer requesting repairs after the inspection. Seller Resources. Why Do Buyers Request Repairs?

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Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Inspection Appraisal Marketing Appraisal Process 78

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection? What Is a Home Appraisal?

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Inspection Appraisal Real Estate Property Appraisal 95

Housing Wire

AUGUST 8, 2022

In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. But floor plans are a relative rarity on multiple listings services: only 10-15% home listings in the U.S. have floor plans. said Allen. Presented by: Rently.

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Property Management Technology Real Estate Valuation 516

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

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Business Marketing Real Estate Legal 403

Berkshire Hathaway

DECEMBER 20, 2021

Buying a home can be stressful and one of those stressors is often a home inspection. So, let’s walk through what to keep in mind when getting a home inspection. . Additionally, in some cases, buyers can insist the sellers pay for it but typically it is the buyer who takes on the expenses. What do hope inspectors, inspect?

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Inspection Sellers Realtors Investing 52

Lamacchia Realty

AUGUST 25, 2022

USING SELLER CREDITS TO CLOSE ON YOUR HOME. If you’re unfamiliar with seller credits, seller credits are when the seller offers the buyer money at closing to sweeten the deal. Buyers love seller credits because they go towards their closing costs, resulting in less money the buyer has to spend.

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Sellers Buyers Realty Inspection 71

Hank Miller Team

APRIL 12, 2023

Georgia is a buyer beware state, so does a seller have to disclose repaired defects? Home sellers in Georgia must disclose known latent or hidden defects, things that might not be discovered during a reasonable inspection of the home. What happens if a home seller lies on the disclosure varies; every situation is different.

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Sellers Easement Inspection Real Estate Agent 40

Movoto

APRIL 12, 2024

Completing the offer process: 2 weeks Assuming you’ve found a house you like and a realtor you plan to work with, with a mortgage pre-approval on hand, your real estate agent can send your purchase offer to the seller. The back-and-forth on the offer process can vary extensively. have been thoroughly discussed.

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Inspection Real Estate Agent Realtors Sellers 36

Housing Wire

SEPTEMBER 13, 2022

According to a report from the National Association of Realtors, homebuyers consider floor plans the top most desired feature on a home listing, after standard listing photos and property data. And it provides major benefits to your sellers and prospective buyers.”. Benefits of including a floor plan.

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Training Buyers Technology Sellers 393

Listing Spark

SEPTEMBER 5, 2023

Ten percent of homes sold in 2021 were sold by their owners without a realtor. If you want to sell your home, that journey begins by learning more about how to sell your own home without a realtor, what tasks you’ll be required to manage, and common challenges so you can move forward strategically. Is FSBO the Right Fit for You?

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Housing Wire

OCTOBER 16, 2023

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. But, collectively at the Denver Metro Association of Realtors (DMAR), we all agree that this is really no longer the case and hasn’t been for some time. Sellers are even using this as a tool to attract buyers.

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Agents Buyers Sellers Inventory 404

Realtor

AUGUST 7, 2019

The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. The post Should Home Sellers Get an Appraisal Before Listing?

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Sellers Appraisal Market Value Real Estate Agent 111

Lamacchia Realty

MARCH 12, 2024

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. Offer Over Asking Sellers often price their homes aggressively to incite bidding wars.

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Buyers Inspection Sellers Real Estate 72

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Episode overview. Episode highlights. Key takeaways.

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Inspection Real Estate Construction Sellers 36

Riverfront Appraisals

JANUARY 25, 2023

Or maybe the seller of a home you’re purchasing? Quite often, and usually towards the end of our appraisal inspection, we get asked a question that goes like this: “The PVA […] The post FAQ #4: Are Appraisals Part of the Public Record? FAQ #4 Are Appraisals Part of the Public Record?

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Appraisal Inspection Sellers Appraisal Process 111

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits doesn’t hurt the seller in any way. In fact, they help sellers because many buyers cannot buy without them. That is no longer allowed.

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Sellers Buyers Property Taxes Inspection 65

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller.

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Real Estate Real Estate Agent Sellers Agents 148

Appraisal Buzz

JULY 18, 2022

This might manifest itself with lower offers that are acceptable to the seller, but price isn’t the only aspect of a transaction. Anecdotally, sellers are worried that the threat of increasing interest rates with continue to erode buying power which will have a negative effect on their sale price now and especially in the future.

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Sellers Marketing Market Value Home Value 435

Lamacchia Realty

JULY 10, 2023

So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Due to the potential financial implications, sellers may try to conceal the presence of defective drywall in their property in order to sell the home for a higher price.

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Inspection Realty Agents Sellers 71

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

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Real Estate Agent Sellers Inspection Real Estate 69

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

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Real Estate Real Estate Agent Contracts Inspection 148

Eppraisal

AUGUST 26, 2022

This means that the sizzling hot seller's market will be softening up a bit. In order to maximize sales prices, sellers should follow a few strategies. Beginning now, sellers should consider listing their homes at prices closer to the sold "comparables" in their areas. In fact, home values are still rising.

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Sellers Real Estate Marketing Real Estate Agent 36

Realtor

AUGUST 7, 2019

The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. The post Should Home Sellers Get an Appraisal Before Listing?

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Sellers Appraisal Market Value Real Estate Agent 78

Raleigh Realty

FEBRUARY 24, 2022

"Under contract" is one of them, which is exactly what it sounds like: a prospective seller and a buyer have entered into a process where they've agreed to not only the terms of the contract but other important factors like the sale price, the closing date, contingencies and more.

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Contracts Real Estate Sellers Real Estate Agent 147

Houston Properties

APRIL 15, 2020

Houston Home Sellers Guide Series #4: Preventive Home Maintenance Guide For Your Houston Home. This article is part of a Houston Home Sellers Guide Series outlining how we achieve these results. This article is part of a Houston Home Sellers Guide Series outlining how we achieve these results. HOUSTON HOME SELLERS GUIDE SERIES.

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Sellers Inspection Open Houses Buyers 67

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. After a homeowner accepts an offer, the iBuyer will set up and pay for a home inspection.

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Sellers Buyers Agents Real Estate Agent 55

Empire Appraisal Group

MAY 11, 2023

NEWS & MEDIA sturti, E+, Getty Images Source: Some Homeowners Regret Pandemic Purchases | Florida Realtors Some Homeowners Regret Pandemic Purchases By Devan Markham A number of people who bought homes during the bidding wars – often foregoing inspections and making offers sight-unseen – are discovering problems with the property.

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Inspection Real Estate Sellers Realtors 78

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

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Real Estate Agent Real Estate Realtors Contracts 133

Berkshire Hathaway

NOVEMBER 4, 2021

Each new home seller has a laundry list of questions that they may have to ask their realtor before the process of putting their home on the market begins. Here we answer the top questions most new home sellers have. The average days on market can indicate to a seller how quickly homes are selling when listed for sale.

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Sellers Real Estate Realtors Inspection 69

Raleigh Realty

MARCH 31, 2021

Different states have different laws as it surrounds contingencies so you'll want to speak with your Realtor about the current local rules for contingent homes. Contingencies are conditions that either the buyer or seller (or both) must meet for the sale to go through. The seller does not have the ability to accept another offer.

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Real Estate Sellers Contracts Buyers 148

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. You want the house, and the seller doesn’t want any hiccups. But it isn’t something sellers or seller’s agents love. “I

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HOA Inspection Sellers Appraisal 108

Glascock Company

DECEMBER 11, 2020

If you are looking to sell your property, you’ve probably wondered whether to list it for sale by owner (FSBO) or through a realtor. While there are plenty of benefits to both, there is one alternative that could flip the sale faster and without much stress on you as the seller. There are No Contingencies. That’s right!

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Sellers Inspection Real Estate Buyers 78

Lamacchia Realty

AUGUST 20, 2021

Hiring an expert Realtor to help you navigate this highly competitive market is the first and most important step in the home buying process. If timing is an issue for the sellers, this is a great option for buyers. When sending your written offer, tell the seller your appraisal has already been ordered.

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Lamacchia Realty

AUGUST 15, 2023

While cash home buyers may offer sellers a simplified transaction, it’s important for homeowners to research and truly understand the advantages and disadvantages of pursuing this route. If the seller accepts, the rest of the process happens quite swiftly. In many cases, a home can be sold within days.

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Buyers Real Estate Agent Real Estate Realty 60

Lamacchia Realty

OCTOBER 5, 2022

Your Realtor will be able to advise on this as well. Buyers may ask the seller for a test to be conducted by a qualified radon tester, even if the seller has had a test in the past. The most common procedure is for a home buyer to request that a radon test be included in the overall home inspection.

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Sellers Buyers Inspection Realty 68